Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-10-13
LIVE STOCK NOTES.
The Causes OF the Depressed CondI.
ton OF The Chicsgo Market
for Beef Set Forih.
The Collin County Fair Opens Auspicious-
lY-The FatteniDg of Beef Near Fort
Worth for the Spring Markets.
Live Stock Notas.

F-Ahe Il atCeAiDS OF Beer Near fort
worth for the Spring Markets.
Live Stock Notes.
There were several Southern Texas
| buyers in the market yesterday for breed
| ing mares.
Messrs. Moore & Trent of Sweetwater,
Tex, sent through seven cars Of good
looking beet cattle for Chicago yester-
day.
Mr.. Morehead, an sgent for Chicago
end Kansas City live stock commission
house, vas in the city yesterday looking
up business for his house, and reports
very good success. He goes to Sherman
to-day.
Mr.. W. II. WslCott of Mansfield was in
the city yesterday having six carloads of
cattle which he was taking to Mansfield
to feed up during the winter. 4 short
while ago this gentleman took ITO head
to the same place, and expects to have
altogether through the winter some 400
head. He will feed on cotton seed, which
he says is just as good as corn for his
purpose and great deal cheaper,
although it takes little longer to fstten
He pays 121c for the seed. This is g
little higher price than is usually paid for
the article, the result of q short crop Of
cotton in the neighborhood in which he
purchases. A great many cattle would be
fed in that way in his ne1ghbOrh0Od, Mr..
Walcott says, if the feed was obtainabIe,
but as it is the seed is all bought up long
in advance of the crop. Mr.. Welcott has
lust come in from SweetWster, where he
is purchasing his cattle, and speaks very
faVorably OF the outlook in that section
for the cattlemen. The rains recently
have filed up all the wBterhoIes, and
there is sufficient water there now to
run them through the winter if
not another drop falls. The grass
is in fine condition as are the mesquite
beans and the stock is all looking sleek
and pretty. In fact the gentleman says
the stockmen have never felt so confident
of their chances for the winter in the his
tory of the section, and the stock Mr..
Wslcott had in the yards yesterday seem
to bear out his assertion.
~
The following is taken from recent cCT-
respondence from Chicago, and shows
clearly the condition of that market at
present: Nearly half million cattle have
been received in Chicago during the last
sixty days and still there are no indica-
lions of any "let up" Range cattle re
ceipts are about the largest of the season,
the bulk Of them being from the west.
Never before was so much common stuff
put upon the market, and at no time
within the memory Of living man have
prices for that class been lower than now
Hence the unexampled depression may
be accounted for as simply and solely the
result Of "too many cattle" It is not on
account of a lack of the usual demand.
Gamers, realizing that this is their har-
vest time, are running their houses to
their utmost capacity, and the inquiry
from butchers and dressed beef concerns
is on more generous scale than ordi-
narily. The class will of course be
higher-very much higher-but not go
long as rangers come into the yards st
the rate of 5000 to 1000 head per day.
This falling of is expected to begin
about the middle of the present month.
For cattle which grade above "good"
the situation is not so bad, although it is
bY no means satisfactory. The demand
is of an Indifferent character, but then
the offerings are not large. Fat steers
weighing from 1850 to 1850 pounds are
most salsble. Very few fancy beeves
are to be had, and IN numerous stances
buyers have to put up with ordinary lots
for the simple reason that they
cannot get what they want. Never
before has there been so many
calves and cows marketed as in the past
six moBths, and according to a local
authority stockralsers who are wise are
taking advantage of the opportunity to
increase their herds, foreseeing that 10
1888 the cattle market Will reverse itself,
as the crop then must inevitably be 8
short one. Many cattle owners have been
forced to sell this year by financial en-
bsrrassment, the drought and despon-
dency.